Centre increases oxygen allocation to Tamil Nadu
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Updated:
Amount stepped up to 419 MT
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Chennai: A health worker carries an oxygen cylinder at the COVID Care Centre of the Rajiv Gandhi Government General Hospital (RGGGH), in Chennai, Tuesday, May 4, 2021. (PTI Photo/R Senthil Kumar)(PTI05 04 2021 000173A)
Amount stepped up to 419 MT
The Union government on Saturday increased the allocation of oxygen for Tamil Nadu from 220 MT to 419 MT, a day after Chief Minister M.K. Stalin flagged the sharply dwindling stock of liquid oxygen with Prime Minister Narendra Modi.
A communication from National Health Mission Director Sanjay Roy said the revised allocations were being made based on discussions.
Covid-19: What will it take to make India breathe?
(Reuters file)
An in-depth look at the oxygen crisis across the country’s length and breadth due to the Covid-19 scourge.
The ‘apocalyptic’ second wave of Covid-19 outbreak in India has touched a grim milestone of 20 million (m) cases and the worst is not yet over, as daily infections are expected to peak in the coming weeks in the world’s second-most populous country.
The country’s overtaxed healthcare system has broken as the contagion has overwhelmed across some of the most populous states.
Is India losing its battle to breathe?
O2 producers fire on all cylinders, many hit upper circuits
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Last Updated: Apr 26, 2021, 12:11 PM IST
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Linde India, which is one of the largest producers of oxygen in India, climbed 4.76 per cent to Rs 1,957. In the last three months, the scrip has surged 113 per cent.
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National Oxygen was up 2 per cent, hitting the upper circuit. Bhagwati Oxygen and Gagan Gases also rose 5 per cent each, with lakhs of pending buy orders and no seller in sight.
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NEW DELHI: Shares of oxygen-producing companies fired on all cylinders on Monday, as they surged amid continued acute shortage of life-saving gas in hospitals across India.
Oxygen production needs to be augmented
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Updated:
April 26, 2021 01:51 IST
20 metric tonnes of capacity is available in industries, but they lack licence to make medical oxygen
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A worker fills medical oxygen cylinders to be transported to hospitals amid Covid-19 coronavirus pandemic at a facility on the outskirts of Chennai on April 24, 2021.
| Photo Credit: AFP
20 metric tonnes of capacity is available in industries, but they lack licence to make medical oxygen
Tamil Nadu’s current daily oxygen manufacturing capacity of 400 metric tonnes, though comfortable, should be augmented amid the surge in COVID-19 cases, according to industry.
The State recently informed the Madras High Court that the current usage of oxygen was to the extent of 250 metric tonnes a day and that it had a storage capacity of 1,167 metric tonnes.
Stocks of smallcap oxygen producers surge, large players see profit taking
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Shares of Linde India slipped 0.28 per cent while those of Bhagawati Oxygen rose 5 per cent, National Oxygen 2 per cent and Gagan Gases 5 per cent
ETMarkets.com
In the past three months, Linde India has surged 102 per cent, National Oxygen 41 per cent, Gagan Gases 46 per cent and Bhagwati Oxygen 33 per cent.
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NEW DELHI: Shares of companies that produce oxygen had a mixed show on Dalal Street on Friday, as demand for medical oxygen continued to rise. While stocks of bigger players saw profit booking, those of smaller companies hit upper circuit limits.